via MISH: Ian Narev, the CEO of Commonwealth Bank of Australia (CBA), the nation’s largest bank is set to step down amid money laundering charges. Money laundering is big business in Australia because regulations do not...

Related: Trump sanctions 8 more Venezuelan leaders Venezuelan President Nicolas Maduro organized the vote, which most nations called a foregone conclusion. It allowed him to replace the opposition-held National Assembly with an entirely new...

The European banks are dumping government debt, do they know something we don’t. 2016 was revised down to the worst year of productivity. US companies have more debt, more leverage and more richly valued...

During the past ten years, we have witnessed unprecedented manipulation of stock, bond, and property prices by global central banks. The inflation of these grotesque asset bubbles will not end well, as indicators in...

Desperate Times, Desperate Measures. By Don Quijones, Spain & Mexico, editor at WOLF STREET. Following a spate of drastic banking interventions in Spain and Italy earlier this summer, the European Commission is preparing new legislation to...